AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Financial assistance in foreign market
The overseas investment loan agreement between JBIC and Indonesian PT. Mitsui Leasing Capital Indonesia has a maximum value of USD 35 million. The Indonesian company is a subsidiary of the Japanese company JA Mitsui Leasing, Ltd. The loan supports the subsidiary's sales business activities of automobiles in Indonesia.
In this context, the Bank stated that will: "... contribute to maintaining and improving the international competiveness of the Japanese automobile industry".
Overseas investment loans
JBIC provides direct loans named overseas investment loans to Japanese companies, overseas affiliates or joint ventures where Japanese companies hold equity interests and governments or financial institutions partying with such overseas affiliates. Loans support projects in specific sectors or with a specific purpose of interest to Japan. Further information can be found on the Bank’s website under overseas investment loans.
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets and from foreign subsidiaries.
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